rubypumps
voted
There was a 50% chance he will have to sell billions of $ worth Tesla shares in October if he is ordered to purchase Twitter.
October is when the Q3 earnings report comes out - last year the stock zoomed 50% - from $800 to 1200.
If he had to dump shares just before that, and the big institutions read about it at the same time (i.e. the trial results) then they could front run him / crater TSLA share price when it should have been a massive rally.
If he is ordered to buy it then he has the cash a...
October is when the Q3 earnings report comes out - last year the stock zoomed 50% - from $800 to 1200.
If he had to dump shares just before that, and the big institutions read about it at the same time (i.e. the trial results) then they could front run him / crater TSLA share price when it should have been a massive rally.
If he is ordered to buy it then he has the cash a...
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Huat lah! Welcome to moomoo community!
Here in moomoo, traders from all over the world share personal investing experiences and concepts with new and old friends.
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Many interesting things are happening now, let me show you around!
Wanna see how everyone else is doing?
People are sharing their Daily Profit & Loss in moomoo community:...
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